First Time Buyers or those that have not owned a home in 3 years... Get up to $8000 Free money from the government's economic stimulus bill signed in on 2/17/09 by the President of the United States. This newly approved home buyer tax credit is for homes purchased between 1-1-09 to 11-30-2009. Now is the time to make your dream home a reality.

Highlights of the $8000 home buyer tax credit:

• Tax credit for 2009 taxes will be equal to 10% of the home's purchase price up to a maximum of $8,000.
• The principle home must be purchased between Jan 1, 2009 and Nov 30, 2009 to qualify for the new plan.
• Tax credit does not have to be repaid.
• Tax credit has income limits of $75,000 for single taxpayers and $150,000 for married couples.
• This credit is available for all FIRST TIME home buyers, or those who have not purchased in the last 3 years.
• Home buyers must remain in the home for 3 full years to keep the tax credit rebate.

The Web site at www.federalhousingtaxcredit.com includes basic information about the tax credit and a detailed question and answer section. It also includes information about other housing-related and small business measures in the legislation and a number of home-buying resources for consumers.